What does ‘payment settled late’ mean in IRCTC?
‘Payment Settled Late’ in IRCTC means that your payment to IRCTC was delayed due to which you might not have gotten a ticket as such but the ticket amount would have been debited from your account. In such a scenario, the amount that has been deducted from you is fully refunded within a couple of working days.
What does 'payment requested' mean in IRCTC?
It means bank has deducted your money from your account but not paid (read passed on) to IRCTC . So IRCTC has requested the money to be passed on to them. Originally Answered: What does "payment requested" mean in IRCTC?
Where is the amount credited to my IRCTC account?
Amount is not credited to IRCTC Account. Amount is with Bank. Bank will refund the money after due verification. If your tickets belongs to any of the chart cases then wait for refund. I suggest you to cross check your Booked Ticket history before doing any new Train Ticket booking through IRCTC.
How much time does it take to get money back from IRCTC?
However, the bank may take 2 to 3 days to credit back the amount in the bank account through which booking was done. 2. In case there is a system or network failure at banks end or at the payment gateway before remitting ticket booking amount to IRCTC may form a situation of ‘settlement failed and ticket not booked’.
What is IRCTC payment?
What happens if IRCTC doesn't receive payment?
How long does it take for IRCTC to refund a ticket?
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What is payment status settled?
Settled. This is when the money moves from your customer's bank through your merchant account. Once the money hits your merchant account, the transaction will display as Settled, and the funds will be routed to your bank account.
How long will it take for amount to be credited through IRCTC?
When will I get refund of my train ticket? take 3 to 7 working days from the scheduled departure of the train.
How many days IRCTC take to refund money if ticket is not booked?
2-3 working daysBank credits back the amount within 2-3 working days in Account through which booking was done. 2 Settlement Failed and Ticket Not Booked •System or network failure at Banks end or at PG before remitting Ticket Amount to IRCTC .
What happens if money is not refunded by IRCTC?
If the money did not get deposited back into your account within 5 to 7 days, you can mail the IRCTC at [email protected] or you can tweet to their official Twitter handle @IRCTCofficial or to @RailwaySeva. You can also call on IRCTC helpline number 0755-6610661 , 0755-3934141 (Language: Hindi and English).
Can I get refund if I miss the train?
Changing two existing rules, IRCTC will now allow passengers to claim a full refund of their tickets, if they miss their train. The rule only applies to passengers who have connecting tickets and miss their second train in case of late arrival of the first train.
Will I get refund if my ticket is not confirmed?
a) In case a wait-listed ticket is cancelled online, the refund of fare shall be made after deducting the cancellation charge of ₹ 20/- +GST per passenger, if the ticket is cancelled online up to four hours before the Scheduled Departure of the Train.
Does e-ticket gets Cancelled automatically if not confirmed?
If the ticket booked online on IRCTC has a WL (waiting list) status, does it get automatically cancelled if it doesn't get confirmed? Yes, the tickets booked online by irctc website get cancelled automatically if all passengers on the ticket remain waitlisted even after preparation of chart.
Why ticket is not booked but amount deducted?
When settlement fails and tickets are not booked. Such a scenario arises when system or network fails at banks end or at payment gateway before remitting ticket amount to IRCTC. The amount is not credited to the IRCTC account and stays with the bank. The bank then refunds the money after due verification.
How much money will be refunded on cancellation of train?
All You Need to Know About Cancellation Charges on Tickets, Refund Policy of Indian Railways. If someone cancels the ticket between 48 to 12 hours before the departure of the train, then 25% of the ticket amount will be deducted.
How can I know my IRCTC refund?
How to check IRCTC ticket refund status online?Visit IRCTC website. Go to the official website of IRCTC- irctc.co.in- to check the status of your refund process.Login to the IRCTC website. On the IRCTC homepage, click on 'LOGIN' which is written red color. ... My Transaction. ... Ticket Refund History. ... Refund Status.
How can I get refund from IRCTC agent?
Under the new system, whenever a customer cancels a ticket or a fully waitlisted ticket booked through an authorised IRCTC agent, an SMS with a one-time password (OTP) and the amount to be refunded will be sent on the passenger's mobile number.
How long do train refunds take?
3-5 daysRefunds can take an average of 3-5 days to process. You can check the status of your refund in your account. Here's a guide to what the statuses mean. Refunded/ Refund Approved - You've done everything you need to and your refund is on the way back to you, it will appear in your account within 5 days.
What to do if payment is pending from bank end in IRCTC?
It entirely depends on internet connectivity. Due to such a situation, your money gets debited. If you are not sure and worried about the refund, one can contact the IRCTC through refund request to [email protected], and it is necessary to provide the transaction details.
What amount will be refunded on cancellation of E ticket?
If a confirmed ticket is cancelled within 48 hrs and up to 12 hours before the scheduled departure of the train, cancellation charges shall be 25% of the fare subject to the minimum flat rate mentioned in the above clause.
[Resolved] Irctc — Money deducted but ticket is not booked
Railway Ticket — DEDUCTION OF AMOUNT Sir, I am your customer D Sreenivasula Reddy (A/C No. [protected]) in Alandur Branch. I have booked one e-ticket on 22 Oct 2008 for the amt of Rs. 146.00 in irctc.co.in.For this transaction u have deduct the amt of Rs. 166.00 on 22 Oct 2008 alongwith the service charges from my account ([protected]).
Ticket status- not booked, tansaction status- settled, what ... - Quora
Answer (1 of 3): This means that the transaction was successful but ticket was not booked & money was debited from your account due to some issue (Heavy load on IRCTC website/System Transaction error). In this case, “Settled” means the process of refund of amount is initiated by reversing the tr...
IRCTC Reservation Failed Transaction Refund Rules
Permalink. I booked tickets with the condition that one out of two passengers be allotted a lower seat.even if message was for non availability of lower seat for even a single passenger, but by that time amount was deducted from my account as i was using debit card i could not realise it and repeated the same procedure hoping that transaction was failed but this time I had to face the same ...
Money paid - ticket not booked - eRail.in
Money Debited but ticket not booked What happen if Money Debited but ticket not booked? The online payment at IRCTC involves complex system of technical and telecommunication networking integration between customer’s Internet bandwidth, IT system of banks and payment gateways and is dependent on internet connectivity across various constituents.
What happens if IRCTC settlement fails?
In case amount is debited from your account and no ticket is booked a 'settlement requested' status will be shown. In that case IRCTC will refund your amount in few days.
What is IRCTC in India?
IRCTC (Indian Railway Catering and Tourism Corporation Limited) is a Government of India Enterprise that offers online booking of rail tickets in India. Everyday hundreds of thousands of people book their tickets using internet via IRCTC. IRCTC offers a variety of payment methods for online ticket reservation.
What bank does IRCTC use?
I have booked many tickets using IRCTC in the past. But last week i booked bulk tickets for my friends for a goa trip. I used my Karur Vysya Bank Debit card for payment. IRCTC offers a number of payment gateways powered by CITI bank, HDFC bank, Axis Bank etc.
Passengers can book a ticket up to 120 days in advance for all classes and trains, according to IRCTC's website - irctc.co.in
IRCTC or Indian Railway Catering and Tourism Corporation, the e-ticketing arm of Indian Railways, has set certain rules for booking and cancellation of train tickets. Passengers can book a ticket up to 120 days in advance for all classes and trains, according to IRCTC's website - irctc.co.in.
1. When payment is settled but ticket not booked
This case occurs when passenger opted for particular berth at the time of booking and ticket is not booked due to unavailability of berth. Network failure can also be a reason. In such a scenario, the amount is credited back on the next day to the respective bank.
2. When settlement fails and tickets are not booked
Such a scenario arises when system or network fails at banks end or at payment gateway before remitting ticket amount to IRCTC. The amount is not credited to the IRCTC account and stays with the bank. The bank then refunds the money after due verification.
IRCTC MONEY DEBITED BUT TICKET NOT BOOKED :: WHAT TO DO NEXT??
I have received comments from several users that there Payments are deducted by Bank but Train Ticket not received ( Bank Money Debited but no Ticket booked) or shown on IRCTC account. All of them stuck on this payment and think, what do now? Whether to Book a new Ticket ? or Wait for existing booked ticket ?? This post is dedicated for them.
Why IRCTC tickets booking failure Occur?
First up all understand what is the reason behind your failed tickets. The online payment at IRCTC involves complex system of technical and telecommunication networking integration between customer’s Internet bandwidth, IT system of banks and payment gateways and is dependent on internet connectivity across various constituents.
FAQs
User is not required to do anything. Money is automatically credited back to account. Mostly within 2 or 3 days the refund is done.
Examples of settlement in a Sentence
I got the house in the divorce settlement. The parties have not been able to reach a settlement in the case.
Legal Definition of settlement
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What is IRCTC payment?
According to IRCTC, the online payment at IRCTC involves a complex system of technical and telecommunication networking integration between customer’s Internet bandwidth, IT systems of banks and payment gateways and is dependent on internet connectivity across various constituents.
What happens if IRCTC doesn't receive payment?
In such occurrences, IRCTC doesn’t receive any amount due to the settlement failure. The amount is with the bank. The bank will refund the money after due verification.
How long does it take for IRCTC to refund a ticket?
In this case, IRCTC reverses the amount which is credited back on the next day to the respective bank. However, the bank may take 2 to 3 days to credit back the amount in the bank account through which booking was done.
What is one kind of settlement?
One kind of settlement is a place where people live. This can be a community that's smaller than a town, like a village. Also, if one country establishes a colony somewhere else, that can be called a settlement. The other kind of settlement happens when something is settled, like the end of a disagreement.
What is a settlement?
settlement. A settlement is a colony or any small community of people. If a bunch of people build houses on the moon together, they’ll have the first lunar settlement. A settlement is also the resolution of something such as a lawsuit. One kind of settlement is a place where people live. This can be a community that's smaller than a town, ...
What happens when a lawsuit is settled?
A lawsuit is ended if there's a settlement — both parties make an agreement that often involves money. A settlement brings closure and resolution.
What is property settlement?
property settlement. (matrimonial law) the division of property owned or acquired by marriage partners during their marriage. accord and satisfaction. the settlement of a debt by paying less than the amount demanded in exchange for extinguishing the debt.
What is the definition of settlement?
Definitions of settlement. noun. the act of colonizing; the establishment of colonies. synonyms: colonisation, colonization. see more. see less. types: population. the act of populating (causing to live in a place)
What is a plantation colony?
a newly established colony (especially in the colonization of North America) proprietary colony. a colony given to a proprietor to govern (in 17th century) type of: body. a group of persons associated by some common tie or occupation and regarded as an entity.
What is IRCTC payment?
According to IRCTC, the online payment at IRCTC involves a complex system of technical and telecommunication networking integration between customer’s Internet bandwidth, IT systems of banks and payment gateways and is dependent on internet connectivity across various constituents.
What happens if IRCTC doesn't receive payment?
In such occurrences, IRCTC doesn’t receive any amount due to the settlement failure. The amount is with the bank. The bank will refund the money after due verification.
How long does it take for IRCTC to refund a ticket?
In this case, IRCTC reverses the amount which is credited back on the next day to the respective bank. However, the bank may take 2 to 3 days to credit back the amount in the bank account through which booking was done.